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US jobless benefit applications jump to 236,000 last week as concerns about labor market persist

US jobless benefit applications jump to 236,000 last week as concerns about labor market persist

The number of Americans applying for unemployment benefits jumped last week, but remain in the same historically healthy range of the past few years despite growing concern over the health of the labor market

US jobless benefit applications jump to 236,000, but continuing claims are lowest since April

US jobless benefit applications jump to 236,000, but continuing claims are lowest since April

The number of Americans applying for unemployment benefits jumped last week, but the total number of those collecting benefits fell to the lowest level in eight months

Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds

Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds

By Howard Schneider WASHINGTON, Dec 10 (Reuters) - The U.S.

New Fed projections to reset economic outlook after volatile year

New Fed projections to reset economic outlook after volatile year

By Howard Schneider WASHINGTON, Dec 10 (Reuters) - Federal Reserve officials will issue new economic projections on Wednesday, an endpoint to a volatile year that saw a hoped-for "soft landing" from inflation morph into renewed price pressures due to rising tariffs, the supply of workers constrained

Federal Reserve Considers Interest Rate Cut Amid Economic Uncertainty

Federal Reserve Considers Interest Rate Cut Amid Economic Uncertainty

Federal Reserve Considers Interest Rate Cut Amid Economic Uncertainty

Fed expected to cut rates, but may signal a coming pause

Fed expected to cut rates, but may signal a coming pause

By Howard Schneider WASHINGTON, Dec 10 (Reuters) - The U.S. Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data caused by the recent government shutdown and work through competing views about the risks facing the economy.

U.S. central bankers split, with median seeing one rate cut in 2026

U.S. central bankers split, with median seeing one rate cut in 2026

Dec 10 (Reuters) - A majority of U.S. central bankers believe they will need to cut short-term interest rates next year, but are widely split over how much, with a large group opposed to any cuts at all and three penciling in a rate hike.

US weekly jobless claims surge amid seasonal adjustment challenges

US weekly jobless claims surge amid seasonal adjustment challenges

WASHINGTON, Dec 11 (Reuters) - The number of Americans filing new applications for unemployment benefits surged last week, but that likely reflected difficulties adjusting the data for seasonal fluctuations around this time of year, rather than a material change in labor market conditions.

Asian benchmarks mostly decline as investors anticipate US rate cut

Asian benchmarks mostly decline as investors anticipate US rate cut

Asian shares are mostly lower, trading in a narrow range ahead of a Federal Reserve meeting that’s expected to result in the third cut to interest rates this year

US job openings increase modestly in October

US job openings increase modestly in October

WASHINGTON, Dec 9 (Reuters) - U.S. job openings increased marginally in October, but hiring remained subdued as employers navigated an uncertain economic environment.

Trump says he's fixing affordability problems. He'll test out that message at a rally

Trump says he's fixing affordability problems. He'll test out that message at a rally

President Donald Trump will road-test his claims he's fixing Americans' affordability woes at a nighttime rally in Pennsylvania

World shares are mixed after Wall Street pulls back from its record heights

World shares are mixed after Wall Street pulls back from its record heights

European markets are mixed and Asian shares retreated after U.S. stocks pulled away from their record heights